Zamtel Plc has partnered with the Zambia Revenue Authority (ZRA) to launch a mobile tax payment system using Zamtel Kwacha to help its customers remit all their domestic taxes on the platform.
In a statement jointly-issued by Zamtel acting Corporate Communications Manager Changwe Kabwe and ZRA Corporate Communications Manager Topsy Sikalinda, Thursday, the move will see Zamtel customers remit all their domestic taxes, such as Turnover Tax and Withholding Tax, among others, via the Zamtel Kwacha platform.
Announcing the partnership, Zamtel chief executive officer Sydney Mupeta stated that the new tax electronic payment system, which will go live in the next few days, will enhance customer convenience and promote tax compliance by a vast majority of taxpayers.
“We are excited about this partnership with ZRA as it again demonstrates that Zamtel has the capacity and necessary platforms that can drive economic transformation. We are confident that our customers will enjoy paying their taxes as this will now be done conveniently from their devices using Zamtel Kwacha,” Mupeta said.
“Our Zamtel Kwacha platform is a rapidly growing channel, which many of our customers are now using to make payments for services and utilities and being able to remit base tax through this unique platform will surely be a game-changer.”
And ZRA Commissioner General Kingsley Chanda hoped that the partnership would help the Authority capture more tax payers.
“We are happy to partner with Zamtel on this initiative, which will go a long way in boosting revenue collection. We are in the process of announcing similar initiatives with other market players in order to strengthen efforts to improve tax compliance and collection,” said Chanda.
According to the statement, all taxpayers will be required to use the Zamtel Kwacha short code *344# and insert their TPIN to use the service.
The mobile tax payment platform will also be used to capture millions of informal sector players, such as marketeers and small-scale traders by the Zambia National Marketeers Credit Association (ZANAMACA) who were engaged by the ZRA to act as a tax agent in the collection of base tax.